Oriental Land Co., Ltd. Announces Dividend for the Year Ended March 31, 2023, Payable on June 30, 2023; Provides Dividend Guidance for the Second Quarter Ending September 30, 2023 and Year Ending March 31, 2024
April 27, 2023 at 03:00 am EDT
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Oriental Land Co., Ltd. announced dividend of JPY 22.00 per share for the year ended March 31, 2023 compared to JPY 15.00 per share paid a year ago. Planned Date for Start of Dividend Payment: June 30, 2023. Record date is March 31, 2023.
The company provided dividend guidance for the second quarter ending September 30, 2023 and year ending March 31, 2024. The company expects to pay dividend of JPY 4.00 per share for the second quarter ending September 30, 2023 compared to JPY 18.00 per share paid a year ago.
The company expects pay year end dividend of JPY 5.00 per share for the year ending March 31, 2024 compared to JPY 22.00 per share paid a year ago.
Oriental Land Co., Ltd. specialises in the operation of entertainment sites. Net sales break down by activity as follows:
- operation of theme parks (79.3%): ownership, at the end of March 2022, of 2 theme parks (Tokyo Disneyland and Tokyo DisneySea);
- hotel operations (17.2%): owning of Disney Ambassador Hotel, Tokyo DisneySea Hotel MiraCosta, Tokyo Disneyland Hotel, Tokyo Disney Resort Toy Story Hotel, Tokyo Disney Celebration Hotel, Urayasu Brighton Hotel and Kyoto Brighton Hotel;
- other (3.5%).
Oriental Land Co., Ltd. Announces Dividend for the Year Ended March 31, 2023, Payable on June 30, 2023; Provides Dividend Guidance for the Second Quarter Ending September 30, 2023 and Year Ending March 31, 2024